PDS Planning Inc Grows Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

PDS Planning Inc increased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 135.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,173 shares of the company’s stock after buying an additional 5,852 shares during the period. PDS Planning Inc’s holdings in JPMorgan Equity Premium Income ETF were worth $559,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in JEPI. Morgan Stanley lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 12.1% in the third quarter. Morgan Stanley now owns 32,695,948 shares of the company’s stock valued at $1,751,195,000 after purchasing an additional 3,531,562 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at about $647,943,000. Royal Bank of Canada lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 15.3% in the third quarter. Royal Bank of Canada now owns 6,937,583 shares of the company’s stock valued at $371,576,000 after purchasing an additional 922,303 shares in the last quarter. UBS Group AG raised its position in shares of JPMorgan Equity Premium Income ETF by 21.5% in the third quarter. UBS Group AG now owns 5,795,557 shares of the company’s stock valued at $310,410,000 after buying an additional 1,024,956 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in JPMorgan Equity Premium Income ETF by 41.5% during the third quarter. Envestnet Asset Management Inc. now owns 5,521,187 shares of the company’s stock worth $295,715,000 after acquiring an additional 1,618,295 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI traded up $0.40 during mid-day trading on Tuesday, reaching $56.32. 1,369,760 shares of the stock were exchanged, compared to its average volume of 3,564,957. JPMorgan Equity Premium Income ETF has a 1-year low of $51.38 and a 1-year high of $57.94. The business’s fifty day simple moving average is $56.82 and its 200 day simple moving average is $55.34. The stock has a market capitalization of $32.99 billion, a PE ratio of 24.51 and a beta of 0.54.

About JPMorgan Equity Premium Income ETF

The JPMorgan Equity Premium Income ETF (JEPI) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively-managed fund that invests in large-cap US stocks and equity-linked notes (ELNs). It seeks to provide similar returns as the S&P 500 Index with lower volatility and monthly income.